Talison Lithium Recommends Tianqi Proposal

Talison Lithium Limited ("Talison" or the "Company") (TLH.TO) announces that it has today concluded its discussions with Windfield Holdings Pty Ltd, an Australian incorporated wholly-owned subsidiary of Chengdu Tianqi Industry (Group) Co., Ltd (together "Tianqi") and reached agreement under which it is proposed that Tianqi will acquire the balance of the ordinary shares that it does not already own and options in Talison by way of schemes of arrangement for a cash consideration of C$7.50(1) ("Tianqi Schemes").

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Nemaska Lithium Drills 1.53% Li2O Over 32.2 m Including 2.56% Li2O Over 6 m at Sirmac Project

Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) announces results of diamond drill campaign completed on September 28, 2012 on its Sirmac lithium project (642.3 hectares) located in the James Bay region, Quebec, approximately 125 km south of the Whabouchi deposit.

Nemaska completed a diamond drill campaign of 72 drill holes (3,414.5 m) from August 16, 2012 to September 28, 2012. A total of 1,394 samples, including 153 quality control samples (12%), were sent to the lab for assay. The objective of this exploration campaign was to test the possible extensions of the known Dyke #5 and locate new dykes elsewhere on the property.

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Canada Lithium Completes Updated Feasibility Study; Significant Increase in Estimated Project Economics

Highlights:

  • Estimated NPV increases to $318M from $190M, estimated IRR rises to 32% from 22%
  • Estimated average annual EBITDA increases to approximately $77M from $55M
  • Feasibility Study incorporates positive economic impact of co-products
  • Construction remains on time and on budget

Canada Lithium Corp. (TSX:CLQ.TO ) (U.S. OTC: CLQMF) announced today the results of an Updated Feasibility Study for the development of the Québec Lithium mine and lithium carbonate processing facility currently under construction near Val d'Or, Québec.

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Vancouver BC - June 22, 2012 (InvestorIdeas.com Newswire) LOMIKO METALS INC. (TSX-V:LMR, OTC: LMRMF, FSE: DH8B www.lomiko.com) (the "Company") announces that Lomiko has received a drilling permit and is preparing for the upcoming drilling at the Quatre Milles East Property.

 Consul-Teck has proposed a budget of $307, 028 for Phase I and a contingent $724,041 for Phase II for work for the property in the technical report. Lomiko's drilling will focus on verifying the areas of historical high-grade graphite intersected previously by Graphicor on the property. The historical results are detailed below. It is Lomiko's goal to complete both Phase I & II and establish a flake graphite resource at the Quatre Milles Property by December 2012.

Read more: Graphite Stocks Alert: LOMIKO (TSX.V: LMR, OTC: LMRMF) RECEIVES DRILLING PERMIT FOR QUATRE MILLES...

Orbite Announces 93% Oxide Extraction and Separation Rates for Certain Rare Earths and Rare Metals Confirming the Significance of its Alumina Production Project

Orbite Aluminae Inc. (ORT.TO) (the "Company") is proud to announce that an independent analysis of samples of individual rare earth oxides (REO) and rare metal oxides (RMO) has confirmed a 23% increase in recovery rates over the figures published in the Revised Preliminary Economic Assessment Technical Report dated May 31, 2012, thereby increasing value of its smelter grade alumina (SGA) production project. Orbite also reanalyzed results of the various drilling campaigns carried out in recent years, confirming previously disclosed results.

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